Tag #Restructuring

Showing 109 to 120 of 138 results

welt.de
🌐 65% Global Worthiness
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Airbus Cuts 2,043 Jobs in Defense and Space Division

Airbus reduced its planned job cuts in the defense and space division to 2,043 positions, affecting 689 jobs in Germany and 1,354 in other European countries, with no compulsory redundancies.

Progress

36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 75% Global Worthiness
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Cargill Announces 5% Global Layoff Amidst Strategic Restructuring

Cargill, facing low crop prices and a revenue drop to $160 billion in fiscal year 2024, is laying off 5% of its global workforce, primarily managerial roles, to streamline operations and cut costs; the impact on Canada is expected to be minimal.

Progress

36% Bias Score

Decent Work and Economic Growth
sueddeutsche.de
🌐 75% Global Worthiness
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Baywa AG Announces Restructuring Plan to Address €5 Billion Debt

Baywa AG, facing a €5 billion debt and €640 million loss in 2023, announced a restructuring plan involving 40% job cuts at its Munich headquarters and the sale of international assets to secure €1 billion in funding and return to profitability by 2027.

Progress

60% Bias Score

faz.net
🌐 75% Global Worthiness
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BayWa Announces Restructuring Plan to Address €5 Billion Debt

BayWa, facing over €5 billion in debt, announced a restructuring plan including job cuts, asset sales, and a 2025 capital increase to secure debt extensions and improve its financial health by 2027.

Progress

36% Bias Score

abcnews.go.com
🌐 % Global Worthiness
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Advance Auto Parts Closing Hundreds of Stores

Advance Auto Parts is closing hundreds of stores and shedding independent locations as part of a strategic plan to improve business performance following a third-quarter loss and lowered revenue outlook.

Progress

0% Bias Score

kathimerini.gr
🌐 % Global Worthiness
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Greek Banks' DTC Write-Off Boosts Ratings

Greek banks' accelerated write-off of deferred tax credits receives positive ratings agency feedback, boosting their capital structures and paving the way for increased dividend payments.

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0% Bias Score

zeit.de
🌐 85% Global Worthiness
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Baywa to Cut 1300 Jobs in Restructuring Plan

Faced with over €5 billion in debt and significant losses, Baywa AG, Germany's largest agricultural trader, is cutting 1300 jobs (16% of its workforce), closing 26 locations, and selling international holdings to restructure by the end of 2027.

Progress

40% Bias Score

faz.net
🌐 75% Global Worthiness
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Baywa AG Announces Major Restructuring Amidst €6 Billion Debt and Bafin Investigation

Baywa AG, facing nearly €6 billion in debt and a record loss of €640 million in 2024, is restructuring with 40% administrative job cuts, 26 branch closures, asset sales, and a planned capital increase; the Bafin is investigating potential accounting irregularities.

Progress

56% Bias Score

lemonde.fr
🌐 75% Global Worthiness
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MMG to Cut 1,428 Jobs at CCF in Restructuring Plan

My Money Group (MMG) announced a plan to cut 1,428 jobs (36% of its workforce) at its French subsidiary, Crédit Commercial de France (CCF), reducing the number of agencies from 235 to 151, prioritizing voluntary departures but not excluding forced ones; the decision is based on geographic coverage, ...

Progress

48% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 % Global Worthiness
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Harbourfront Centre Restructuring

Toronto's Harbourfront Centre undergoes major restructuring, including staff cuts and potential changes to partnerships with key arts organizations, amidst financial challenges.

Progress

0% Bias Score

kathimerini.gr
🌐 % Global Worthiness
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Trump Plans Mass Pentagon Firings

Trump's transition team plans mass firings of military officials, targeting those associated with Mark Milley, in an unprecedented Pentagon restructuring.

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0% Bias Score

kathimerini.gr
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Greece's New Defense Structure

Greece to restructure its armed forces, focusing on efficiency and modernizing its air and naval fleets.

Progress

0% Bias Score

Showing 109 to 120 of 138 results